'The Matrix 3' Gets a New Name as Shooting Ends in Oakland

HOLLYWOOD (Zap2it.com) - Both of The Matrix sequels have wrapped the Oakland, Calif. leg of their estimated 250-day production, reports Northern California Movies, a website that tracks filming in that area. The big news is that the title of the third installment has now been revealed: The Matrix Revolutions.

The second one was recently dubbed The Matrix Reloaded and is expected to end with a cliffhanger that will be resolved in The Matrix Revolutions.

Both The Matrix Reloaded and The Matrix Revolutions are shooting simultaneously. Keanu Reeves and the rest of the cast and crew will now move on to Australia to complete filming..

The Matrix Reloaded is scheduled to open in theaters on Christmas day, 2002. The Matrix Revolutions will follow sometime in the summer of 2003.

The simultaneous shooting, holiday/summer release dates and cliffhanger recall the way the Back to the Future sequels were handled nearly 12 years ago.